The construction industry relies heavily on contracts to define the scope, responsibilities, and obligations of all parties involved in a project. The FIDIC Yellow Book 2017, one of the several publications by FIDIC, serves as a balanced contract that caters to the needs of both employers and contractors in international construction projects. This document outlines the conditions of contract for plant and design/build, providing a fair and practical approach to managing construction projects.
The 1999 version used a DAB (Dispute Adjudication Board). The 2017 version adds "Avoidance." The DAAB is appointed at the start of the project (not just when a dispute arises). The contract provides default rules for a standing DAAB, which meets regularly to prevent issues from becoming formal disputes. fidic yellow book pdf 2017
This article is for informational and educational purposes only. It does not constitute legal advice. Always consult a qualified legal professional before signing or drafting a contract. An Overview of the FIDIC Yellow Book 2017 Edition
In the Yellow Book, the is a central figure appointed by the Employer but expected to act neutrally when determining claims. The FIDIC Yellow Book 2017 is copyrighted material
